Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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1421 Gerrard Street E
Greenwood-Coxwell Toronto M4L 1Z7

$1,400,000 /For Sale
Commercial

Main Photo: 1421 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E12600470
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12600470
Bus Major:
Other
Power of Sale - Sold "As Is", Where is
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
1519 sq. ft. Sq Ft Divisible
Total Area:
1,519 sq. ft.
Retail Area:
1200 sq. ft. Sq Ft
Office/Apt Area:
1400 sq. ft. Sq Ft
Lot Depth:
114'7½"
Lot Frontage:
13'3"
Water supply:
Municipal
Zoning:
Commercial /Residential
Heating type:
Gas Forced Air Open
Garage:
Other
Possession Details:
TBA
Lot Irregularities:
13.25 X 114.63
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$16,024 / 2024
Assessment:
$- / -
Toronto
Toronto E01
Greenwood-Coxwell
No
None
No
Utilities:
None
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
No
Major Business Type:
Other
Category:
Multi-Use
Franchise:
No
Days Open:
Varies
Employees:
0
Chattels:
No
LLBO:
No
Seats:
0
Date Listed:
Dec 04, 2025
Original Price:
Previous Price:
  • Photo 1: 1421 Gerrard Street E in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E12600470
    Photo 1 of 1
Listed by RE/MAX WEST REALTY INC.
Data was last updated December 5, 2025 at 06:15 AM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.